United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a “consistent federal framework” on stablecoins to address risks to financial stability. In a Tuesday hearing of the Senate Banking Committee on the Financial Stability Oversight Council Annual Report to Congress, Yellen reiterated her previous position calling for a regulatory framework on stablecoins, citing a November […]

The price of Ripple (XRP) is in a downward correction as the altcoin fell below the psychological price level of $0.50. XRP hit the low of $0.47, but the bulls bought the dips. Ripple (XRP) Price Long-Term Forecasts: Bearish Today, May 10, 2022, Ripple coin is trading at $0.52 as of press time, and the cryptocurrency is in an upward […]

The UST token dropped to $0.66 with the market crash, and the BTC usage has helped bring it back up to $0.91, still some way from the $1 peg. Meanwhile, the LUNA token has dropped by over 45% in the past 24 hours, now worth about $33.21. The desperate measure comes at a time when the market is experiencing its […]

Billionaire investor Mark Cuban has tipped commercial smart contract adoption as the next catalyst to drive the crypto and blockchain sector. The Dallas Mavericks owner and crypto proponent was commenting on the current “lull” state of the crypto market in comparison to the internet or dot com bubble in the early 2000s, which saw a lot of over-hyped and relatively […]

The contentious Otherdeed for Otherside nonfungible token (NFT) floor price has dropped below its mint price to 2.45 ETH worth about $5,713 as other major collections are also getting hit. The Otherdeed for Otherside collection from Yuga Labs, makers of the Bored Ape Yacht Club (BAYC) collection, was a highly anticipated NFT mint for land in their upcoming Metaverse platform. […]